The pool, against its backing
reading…2× backing · emissions above
7-day MA
backing · the floor
price
Price—ETH per 1M OHMIC
Backing—ETH per 1M OHMIC
Premium—price ÷ backing
Treasury—ETH, + 0 lent
Circulating—OHMIC
Next beat—epoch 0
flooremissionsfee
Cooler
borrow ETH against OHMIC, no liquidationsLock OHMIC and borrow 95% of its backing in ETH, for 7 to 365 days, at 1% a year paid up front. No price feed, no liquidation. Repay the debt by the due date to take your OHMIC back; after it, anyone can close the loan and the collateral is burned.
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Treasury
anyone can call theseOverdue loans: anyone can close them. Each one burns its collateral and raises backing.